^ This return is calculated upon policy maturity (ie：end of the 128th policy year). Assumed that insured issue age is 0, 2-year premium payment period (USD600,000 total premium), with no partial surrender made or any dividend withdrawal.

1．Annual dividend, terminal dividend and interest from accumulated annual dividend are not guaranteed. However, once distributed, the amount of the annual dividend and the accumulated interest will become guaranteed. An annual dividend may be payable at the sole discretion of the company on each policy anniversary after this policy has been in force for a minimum of 1 policy year and provided that all premiums due have been paid up to each relevant policy anniversary. The amount of terminal dividend in each declaration may be greater or lesser than the previous amount based on a number of factors, including but not limited to investment returns and general market volatility.

2．Changing the Insured is subject to the prevailing administrative rules. It will not affect the units, policy values and policy year, and maturity date will be changed to 128 years old of the new insured. The new insured must be aged between 15 days and 65 years of age (last birthday) and must not be older than the initial Insured by 10 years. The change of Insured must be endorsed by the policyowner, Insured and assignee (if any). Both the new insured and the current Insured must be alive at the time the Insured is changed. Following the change of the Insured, all riders (if any) of the previous Insured will be terminated. Riders attached to this policy can be re-attached after the change of Insured, however, the premium and approval should be subject to rider application at that time. Please refer to the policy provisions for details of changing the Insured.

3．Upon the death of Insured, if the Policyowner (still alive) and the Insured is different person, the Beneficiary will become the new insured. If the Policyowner and the Insured is the same person or the Policyowner died, upon the death of Insured, the Beneficiary will become the new Policyowner and new insured of the policy, subject to the prevailing administrative rules of the Company. After this option has been exercised, all policy values and policy year will remain unchanged. The policy value may be equal to or lower than death benefit before this option has been exercised. However, any rider(s) attached to this basic plan will be terminated at the same time. Rider(s) attached to this basic plan can be re-attached after Policy Continuation Option has been exercised. However, it will be subject to our approval and the premium rate at the time of such request. This option is not available for the policy with payment(s) of all or partial death benefit on a regular basis being selected. Please refer to the policy provisions for details of Policy Continuation Option.

4．You can apply changes between options for unlimited times before exercising the Terminal Dividend Lock In Options. Once the option has been exercised, no change can be made. The actual amount of converted Terminal Dividend through “Manual Lock In Option” will be determined after the application is approved. The amount may be lesser or higher than the amount shown at the time when you submit your application. After the conversion of terminal dividend, your future terminal dividend will be reduced accordingly. All terminal dividend not yet be converted can be higher or lower or reduced to zero. While the “Automatic Lock In Option” is in force, the option will be immediately suspended upon partial surrender, and you have to submit a request to resume the option.

5．If the policyowner opts for the beneficiary to receive “a lump sum payment for part of the death benefit, and the remaining will be paid on a regular basis”, the lump sum amount should equal to or greater than 5% of the death benefit. However, interest on unpaid death benefit is not guaranteed, therefore interest may be less than expected and the actual payout period may be shorter than the selected period. Only lump sum death benefit is applicable if an assignment is made. If the beneficiary(ies) die(s) while receiving the regular death benefit payments, the remaining amount will be paid to the beneficiary(ies)’ estate. If no beneficiary(ies) survives the insured and the policyowner is still alive, the death benefit will be paid to the policyowner in accordance with the death benefit settlement option. Policyowner may also request to receive the death benefit in lump sum. If the policyowner dies while receiving the regular death benefit payment, the remaining death benefit will be paid in a lump sum to the policyowner's estate. This option is not available for the policy with Policy Continuation Option being selected.

6．Total premiums paid refers to the total amount of premium(s) due and paid for the basic plan. For policy with premium prepayment, the premium prepayment in premium deposit account will not be calculated in the total premiums paid.

7．Upon full surrender, the policyowner may choose to receive surrender payment in a fixed amount on a regular basis. However, interest on unpaid surrender payment is not guaranteed, therefore interest may be less than expected and the actual payout period may be shorter than the selected period. If the policyowner dies while receiving the regular death benefit payments, the remaining surrender payment will be paid in lump sum to the policyowner’s estate.

8．The current interest rate offered is 2% p.a., but it is not guaranteed.

9．The length of a premium holiday for each application should be a multiple of 1 year until it reaches the maximum limit. Premium holiday is only applicable to the basic plan and will be effective on the next policy anniversary, but all riders attached to the policy will be terminated at the same time. Riders attached to this policy can be re-attached after Premium Holiday, however, the premium and approval should be subject to rider application at that time. During the premium holiday, you do not need to pay premiums for the basic plan, the units and guaranteed cash value will remain unchanged during the period, but the terminal dividend is non-guaranteed. During the premium holiday, we will not distribute any annual dividends, but the accumulated annual dividends and interest (if any) will continue to accumulate with interest at a rate of 4.25% (this interest rate is not guaranteed and will be adjusted from time to time) per annum. Premium Holiday is not applicable to policy with 2-year premium payment period. Please refer to the policy provisions for details of Premium Holiday.

10．There are 2 types of Premium Waivers:
(a) “Waiver of Premium Benefit” is applicable to the insured whose age at policy issuance or the change of insured is between 18 and 60 and is the policyowner at the same time, and is diagnosed with total permanent disability before the age of 75.
(b) “Payor Benefit” is applicable to the insured of the age 17 or below; the policyowner (including contingent policyowner) whose age at policy issuance or the change of the policyowner (including contingent policyowner) is at the age of 60 or below, and dies or is diagnosed with total permanent disability before the age of 75.
After the waived premium of the basic plan reaches the maximum total amount of premium waived (per insured) and/or until the premium end date that is set at the time of policy issuance, the policyowner should pay the remaining premium; otherwise, the automatic premium loan will be applied, or the policy will be terminated. The premium paid after the date of death or the date of diagnosis of total permanent disability will be fully refunded (with no interest). If the incident is resulted from accident, immediate protection will be given. If a person dies or is diagnosed with total permanent disability due to illness, a 2-year waiting period is required. Please refer to the policy documents for details of “Waiver of Premium Benefit” and “Payor Benefit”.
Total Permanent Disability refers to any of the following that results from an Illness or Injury: (i) the total and irrecoverable Loss of Sight of both eyes; or (ii) the complete and Permanent Paralysis of two limbs or actual severance at or above wrist or ankle of two limbs; or (iii) total and irrecoverable Loss of the Sight of one eye and either the complete and Permanent Paralysis of one limb or actual severance at or above wrist or ankle.

11．The premium prepayment option is only applicable to policy with 2-year and 5-year premium payment period and annual premium payment mode. The prepaid premium will be credited to your premium deposit account and accumulate at the prevailing interest rate offered at that time (The current interest rate offered is 2% per annum, but it is not guaranteed). You can withdraw the full amount of the prepaid premiums from the premium deposit account. However, any interest credited will be forfeited. If the amount of the premium deposit account is not sufficient to pay the premium due to a decrease in interest rate, the policyowner is required to make up the relevant premium difference. Otherwise, the policy will be terminated or subject to an automatic premium loan. If the insured passes away, the premium deposit account balance (if any) will be payable to the policyowner without any charge.